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Sharemarket
ASX closes at record high on rate cut hopes
The Australian sharemarket has risen after tech stocks drove a rally on Wall Street amid expectations that long-sought cuts to interest rates will be arriving soon.
- by Penry Buckley
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Markets Live
ASX stumbles as Fortescue and BHP weigh down benchmark index
The Australian sharemarket managed to trim its losses after a poor start to the day but still ended in the red, with iron ore miner Fortescue’s shares copping a severe beating.
- by Staff reporter
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World markets
ASX closes in the green as miners post healthy gains
The Australian sharemarket has managed to close out the week on a high with mining stocks doing the heavy lifting, as iron ore heavyweights - Rio Tinto, BHP and Fortescue - enjoyed solid sessions.
- by Staff reporters
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World markets
ASX hits two-week low after Wall Street suffers worst day since 2022
The Australian sharemarket posted a poor session, with investors bailing on the local tech sector, Macquarie and Fortescue.
- by Sumeyya Ilanbey and Millie Muroi
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Sharemarket
ASX dips after losses on Wall Street; Perpetual hit by outflows
The Australian sharemarket traded slightly lower on Wednesday after weak session on Wall Street, where earnings reporting season has ramped up for the bigger companies.
- by Millie Muroi and Sumeyya Ilanbey
Updated
World markets
ASX steps up as Big Tech again drives Wall Street higher
Technology and healthcare stocks lifted the local sharemarket on Tuesday after US equities closed broadly higher overnight.
- by Millie Muroi
Analysis
Analysis
Eight stocks that analysts have tipped for a turnaround
BHP and Lendlease are among analysts’ tips of good-quality Australian-listed companies whose share prices could do better.
- by John Collett
ASX slumps; South32 shares plunge on alumina concerns
The Australian sharemarket fell on Monday as investors pulled back to assess the implications of President Joe Biden’s decision to withdraw from the United States election campaign.Â
- by Sumeyya Ilanbey and Millie Muroi
ASX dips, tech stocks fall after Nasdaq has its worst day since 2022
Local technology shares tracked their US peers lower, dragging down the ASX benchmark on Thursday, with interest-rate sensitive sectors also sliding amid the sell-off.
- by Millie Muroi
Updated
Wall Street
ASX hits new high as property and tech stocks rise
Interest rate-sensitive tech and property stocks pushed the Australian sharemarket into record territory on Wednesday, as investors bet on the US Federal Reserve cutting interest rates sooner rather than later.Â
- by Sumeyya Ilanbey
Updated
World markets
ASX hits record high; CBA eclipses BHP as Australia’s biggest company
The Australian sharemarket climbed to a record high after four out of every five stocks that comprise the benchmark S&P 500 Index advanced on Wall Street overnight.
- by Millie Muroi